Obermeyer Wood Investment Counsel Lllp Lowers Stock Position in First Trust Low Duration Opportunities ETF (NASDAQ:LMBS)

Obermeyer Wood Investment Counsel Lllp lessened its stake in shares of First Trust Low Duration Opportunities ETF (NASDAQ:LMBS) by 3.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 326,471 shares of the company’s stock after selling 11,602 shares during the quarter. Obermeyer Wood Investment Counsel Lllp owned 0.40% of First Trust Low Duration Opportunities ETF worth $15,775,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of LMBS. Imprint Wealth LLC boosted its stake in First Trust Low Duration Opportunities ETF by 36,994.3% during the second quarter. Imprint Wealth LLC now owns 1,590,605 shares of the company’s stock worth $159,060,000 after buying an additional 1,586,317 shares during the period. International Assets Investment Management LLC purchased a new position in shares of First Trust Low Duration Opportunities ETF in the fourth quarter valued at approximately $60,773,000. First Trust Advisors LP boosted its stake in shares of First Trust Low Duration Opportunities ETF by 27.7% in the first quarter. First Trust Advisors LP now owns 2,740,946 shares of the company’s stock valued at $134,169,000 after purchasing an additional 594,694 shares during the period. Financial Enhancement Group LLC boosted its stake in shares of First Trust Low Duration Opportunities ETF by 68.4% in the fourth quarter. Financial Enhancement Group LLC now owns 568,483 shares of the company’s stock valued at $27,492,000 after purchasing an additional 230,895 shares during the period. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of First Trust Low Duration Opportunities ETF by 11.0% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,086,256 shares of the company’s stock valued at $100,808,000 after purchasing an additional 206,876 shares during the period.

First Trust Low Duration Opportunities ETF Trading Down 0.1 %

Shares of NASDAQ LMBS traded down $0.05 during midday trading on Thursday, hitting $47.73. The company’s stock had a trading volume of 472,438 shares, compared to its average volume of 532,107. The business’s fifty day simple moving average is $48.10 and its two-hundred day simple moving average is $47.83. First Trust Low Duration Opportunities ETF has a 1 year low of $46.58 and a 1 year high of $48.55.

First Trust Low Duration Opportunities ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 22nd were paid a $0.175 dividend. This represents a $2.10 annualized dividend and a dividend yield of 4.40%. The ex-dividend date was Thursday, March 21st.

First Trust Low Duration Opportunities ETF Company Profile

The First Trust Low Duration Opportunities ETF (LMBS) is an exchange-traded fund that is based on the Bloomberg U.S. MBS index. The fund is an actively managed fund that invests in a variety of mortgage-backed securities with target duration of less than 3 years. LMBS was launched on Nov 4, 2014 and is managed by First Trust.